Chargebee was founded in 2011 by Krish Subramanian, Rajaraman Santhanam, Saravanan KP, and Thiyagarajan T. In 2022 an executive said that the company hopes to go public in 3-5 years, adding that international growth remains a top priority.
Chargebee is a cloud-based subscription management platform for businesses. In 2021 and 2022, the company acquired RevLock, numberz, and Brightback. Headquartered in San Francisco, Chargebee has additional offices in the UK, Amsterdam, Australia, and operates in India. The company has raised more than $460 million in venture capital funding from investors including Tiger Global, Sequoia, Insight Partners, Sapphire, and Steadview Capital. Chargebee was valued at $3.5 billion after a $250 million fundraising round in 2022.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/01/2022 | Series H | $250MM | $xx.xx | $3.5B | Tiger Global Management, Sequoia Capital, Insight Venture Partners, Sapphire Ventures, Steadview Capital | |
Price per Share
$xx.xx
Shares Outstanding
77,294,810
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
1.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Tiger Global Management, Sequoia Capital, Insight Venture Partners, Sapphire Ventures, Steadview Capital
|
||||||
04/20/2021 | Series G-2 | $38.5MM | $xx.xx | $1.4B | Sapphire Ventures, Tiger Global Management, Insight Venture Partners, Steadview Capital | |
Price per Share
$xx.xx
Shares Outstanding
27,808,800
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
1.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sapphire Ventures, Tiger Global Management, Insight Venture Partners, Steadview Capital
|
||||||
04/20/2021 | Series G-1 | $86.7MM | $xx.xx | $1.4B | Sapphire Ventures, Tiger Global Management, Insight Venture Partners, Steadview Capital | |
Price per Share
$xx.xx
Shares Outstanding
62,622,240
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
1.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sapphire Ventures, Tiger Global Management, Insight Venture Partners, Steadview Capital
|
||||||
10/06/2020 | Series F | $55MM | $xx.xx | $504.99MM | Insight Venture Partners, Steadview Capital, Accel Partners, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
95,274,360
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
1.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Insight Venture Partners, Steadview Capital, Accel Partners, Tiger Global Management
|
||||||
05/01/2020 | Series E | $11.75MM | $xx.xx | $211.75MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
41,098,280
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
1.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
08/28/2019 | Series D | $14MM | $xx.xx | $146MM | Steadview Capital, Insight Venture Partners, Accel Partners | |
Price per Share
$xx.xx
Shares Outstanding
64,569,670
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
1.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Steadview Capital, Insight Venture Partners, Accel Partners
|
||||||
03/20/2018 | Series C | $15MM | $xx.xx | $70MM | Insight Venture Partners, Accel Partners, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
128,482,800
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
1.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Insight Venture Partners, Accel Partners, Tiger Global Management
|
||||||
03/11/2015 | Series B | $5.02MM | $xx.xx | $16.26MM | Tiger Global, New York-headquartered investment fund, Accel Partners | |
Price per Share
$xx.xx
Shares Outstanding
140,340,700
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
1.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Tiger Global, New York-headquartered investment fund, Accel Partners
|
||||||
10/03/2013 | Series A | $1.29MM | $xx.xx | $4.85MM | Accel Partners | |
Price per Share
$xx.xx
Shares Outstanding
112,920,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
1.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Accel Partners
|